Hi, this is just a place to post a study I created on the
relationship between the Nasdaq Composite Index, (COMP), and
the Nasdaq McClellen Summation Index, (NASI), at or near market
In the following charts, market bottoms are marked in one of
two ways:  If the intra-day low and the closing low came
on the same day, then there is a smallish black number at the
bottom of the chart denoting the closing low, and a somewhat
larger black number just below that, denoting the intra-day
low.  If the intra-day low and the closing low came on
different days, then the intra-day low is denoted by a vertical
green line with a number-box pointing to it.
The vertical red lines (and their attached number-boxes) denote
the day/level on/at which the NASI bottomed.
The vertical blue lines denote the first day on which the NASI
crossed up over its 20 day EMA, after
the market bottom.
NOTE: IF YOU WISH TO COMMENT ABOUT THESE CHARTS, PLEASE DO
SO ON THE MDA THREAD, #board-1320. If you post here I might
not see it for quite a while.